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Firearm Bill of Sale Form - Iowa
What Is an Iowa Firearm Bill of Sale?
An Iowa Firearm Bill of Sale is a legal document that the parties, a seller and a buyer, use to finalize the sale and purchase of a firearm. It records the transfer of all types of firearms, including pistols, rifles, and similar assault weapons that are considered legal handguns. To comply with Iowa gun laws, you need to compose a Bill of Sale to prove the purchase took place.
Alternate Name:
- Iowa Gun Bill of Sale.
The registration of firearms and licensing of gun owners is not obligatory in Iowa; however, it is necessary to draft a proper Bill of Sale not just for recordkeeping. It can help a seller and a buyer avoid questions, disputes, or disagreements in the future - for example, without accurate documentation it may be difficult to clear your name if the gun was used to commit a crime. Additionally, buyers should know that when purchasing a firearm in Iowa, they need to fill out an Application for Annual Permit to Acquire Pistols/Revolvers first.
The state of Iowa has not issued a uniform Bill of Sale for firearms. Still, you can create your own form online with our customizable template or download a ready-made template below.
Can I Sell a Gun in Iowa?
Individuals and entities are allowed to take part in selling and buying firearms. Businesses and shops that manufacture, transport, and sell guns and ammunition are required to obtain a Federal Firearms License to allow customers to buy firearms from them. When it comes to a private sale, no license is needed to sell a gun in Iowa.
To sell a gun in Iowa, you should include the following information in the Bill of Sale:
- State the seller and buyer's full names and addresses;
- Submit the date and location of the transaction;
- Describe the gun - its model or type, serial number, caliber, barrel length, accessories, customizations, and other distinctive characteristics that make the identification of the firearm possible. State the current condition of the gun in the document;
- Write down the price of the item and the method of payment. The parties may use cash, mobile or internet banking, and email transfers. A Bill of Sale is crucial if the payment is made in cash to protect the seller;
- Mention any guarantees or warranties. The firearm can be sold "as is" - in its present condition with all issues and defects - or with implied or given guarantees;
- Sign the document. A Bill of Sale becomes legal when both parties write down their signatures. That is the moment when the buyer becomes the legal owner of the gun since there is no mandatory registration of firearms in the state of Iowa.
Does a Firearm Bill of Sale Need to Be Notarized in Iowa?
No, a Firearm Bill of Sale does not have to be notarized in Iowa but in general it is always a good idea to have one, especially when selling or buying a firearm. This can save potential trouble which might occur should the seller or buyer contest the transaction at a later date.
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Download Firearm Bill of Sale Form - Iowa
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